Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Drake Surprises Streamer BonDaDonnn With a Rolls-Royce Christmas Gift
Drake delivered a holiday surprise that stunned fans and lit up social media this week. The Grammy-winning rapper gifted a Rolls-Royce to streamer BonDaDonnn during a live broadcast. The moment unfolded late Christmas Eve during a widely watched stream. Viewers saw BonDaDonnn step outside before realizing what waited curbside. “Oh my God, there is no way this is real,” BonDaDonnn said on stream. He paused, hands shaking, before repeating, “This is actually insane.” The luxury vehicle arrived
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Call of Duty Co-creator Vince Zampella Dies in Car Crash
Vince Zampella, the co-creator of video game series Call of Duty, has died at age 55. Zampella passed away on Sunday following a severe single-vehicle crash on a Los Angeles highway in California. According to the California Highway Patrol (CHP), for reasons still under investigation, the Ferrari he was in veered off the roadway, struck a concrete barrier, and became fully engulfed in flames. A viral video from the scene showed the fiery aftermath of the collision. The CHP reported that two o
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Nicki Talks Gavin Newsom, Trump At Turning Point Event
On Sunday (Dec.21), Nicki Minaj made a surprise appearance at Turning Point USA’s annual Americafest in Phoenix, Arizona. Throughout her conversation with Erica Kirk—the wife of late right-wing commentator Charlie Kirk—Nicki Minaj discussed her ongoing beef with California Gov. Gavin Newsom. The rapper also shared her thoughts on Donald Trump’s administration. Minaj specifically commented on Newsom’s support for gender affirming care for transgender youth. Not long ago, during an appearance on
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Jake Paul facing long 'suspension' as Anthony Joshua set to lose $66 million of prize purse
Paul will actually walk away with more money than Joshua following their boxing bout. Jake Paul will be stood down from boxing for at east 45 days following his sixth-round knockout at the hands of Anthony Joshua on Friday night. Joshua will also face a mandatory seven-day suspension, and the British star is set to lose about half of his $140 million prize purse as well. Paul was hospitalised with a broken jaw after former heavyweight champion Joshua hit him with a thunderous right hand during
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